Some Notes and Comments on the Efficient use of  Information in Repeated Games with Poisson Signals

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Title:	Some Notes and Comments on the Efficient use of Information in Repeated Games with Poisson Signals
Author:	Osório, António (António Miguel)
Other authors:	Universitat Rovira i Virgili. Departament d'Economia; Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública
Abstract:	In the present paper we characterize the optimal use of Poisson signals to establish incentives in the "bad" and "good" news models of Abreu et al. [1]. In the former, for small time intervals the signals' quality is high and we observe a "selective" use of information; otherwise there is a "mass" use. In the latter, for small time intervals the signals' quality is low and we observe a "fine" use of information; otherwise there is a "non-selective" use. JEL: C73, D82, D86. KEYWORDS: Repeated Games, Frequent Monitoring, Public Monitoring, Infor- mation Characteristics.
Publication date:	2015
Subject (UDC):	33 - Economia
Subject(s):	Teoria de jocs Informació, Teoria de la Contractes -- Aspectes econòmics
Rights:	L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/
Pages:	13 p.
Document type:	Working Paper
Published by:	Universitat Rovira i Virgili. Departament d'Economia
Collection:	Documents de treball del Departament d'Economia;2015-14
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